Frequently Asked Questions

We offer financing for the purchase of a new home and refinance/cash-out refinance options for an existing home. There are three loan types: 7/6 ARM, 5/6 ARM, and 30-Year fixed rate.

No, you will never pay pre-payment penalties with Volo Loans.

Yes, all of our loan products are 30 year amortizations. You’ll find that the majority of local finance options max out between 15 – 20 years.

None of our loan products have balloon payments.

We divide the loan amount by the lesser of the purchase price or the appraised value.

Yes, this would be one of the the advantages to closing your loan in a Costa Rican LLC.

You can click the “Apply” link in the top right corner of our website or visit vololoans.com/apply and fill out an application.

Every borrower is different and so is every loan. We make sure you’re given the most accurate information possible by asking a few questions about your home and credit. These items influence the details of the loan options available.

We are committed to diligently closing your loan. It typically takes about 45 days to close.

We do not currently lend on concession properties with the exception of Papagayo. Ask one of our loan officers for more details.

If you click on the ‘Pay Online’ button in the top right of our site, it will take you the log-in page to log-in to your account which will then give you the option to make payment and set up auto payments.

Yes, we are located in Salt Lake City, Utah.

Yes, you can visit the NMLS site and enter our NMLS number (2459494) to find more information about the company.